16/1A Macquarie StreetSydney NSW 2000
Property Details for 16/1a Macquarie St, Sydney
16/1a Macquarie St, Sydney is a 0 bedroom, 0 bathroom Unit and was built in 1999. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Sydney in the last 12 months.
Last Listing description (September 2023)
Positioned amongst Australia's most iconic landmarks, Shop 16, 1A Macquarie Street represents a unique opportunity to secure a foothold within one of Australia's most distinguished retail strips. Secured by an excellent covenant, 5 year lease with 5% fixed reviews, prime retail positioning and extensive future public and private investment, Shop 16 is an exceptional opportunity to be a part of Sydney's Premiere retail strips.
Key highlights of the quality investment include:
-Annual Net Income of $350,000 per annum*
-Annual 5% Fixed Increases
-Strata Area of 49 m*
-Capitalise on the return of Tourism with Prime Circular Quay Waterfront
Colliers & Plus Agency offer Shop 16, 1A Macquarie Street, Sydney for sale via Private Treaty.
For further details, please contact the exclusive selling agents.
*Approximately
Property History for 16/1a Macquarie St, Sydney, NSW 2000
- 15 Dec 2023Sold for $6,000,000
- 01 Jun 2023Listed for Sale Please contact agent
- 31 May 2010Sold for $3,200,000
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About Sydney 2000
The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.
Sydney has 23,942 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:
- The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
- Houses have a median rent of $800 while Units have a median rent of $950.
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